10 December 2019
If the offer proceeds, shareholders will receive R3.30 per share as well as the rights to an interim dividend if it pays one.
The investment company says shareholders will benefit from a stake in a larger and more diversified financial services group.
Global growth to get a boost from EM economies next year.
The current corporate structure has the SA gold assets at holding company level and platinum assets as subsidiaries.
This latest note by Ingham Analytics is hot on the heels of the Prosus note last week "It’s all in Tencent"which also had a China tech...
The financial services group is wrapping up the sale of its insurance businesses as it prepares to expand its employee benefits operation.
The tertiary education group says Southern Business School CEO Chris Vorster will replace Chris van der Merwe as it buys out minorities in the school.
Increasing its offer provided Just Eat shareholders with compelling value and a good reason to accept its all cash offer.
09 December 2019
The airline says it does not know what will happen with its settlement after the state-owned carrier was placed into business rescue.
New shares issued to Growthpoint will start trading on the JSE and LSE this morning.
The investment group is making good progress with TymeBank and data network operator rain but Kropz still faces challenges.
The engineering and construction group says it is exploring alternatives after a deal to sell its Grinaker-LTA Ground Engineering business could not proceed.
The group will own a smaller stake of a larger asset following a series of agreements with Shumba Energy.
The fertiliser company says the acquisition is in line with its strategy to fund its development plans cost effectively.
06 December 2019
The anti-fraud body says it is looking into the conduct by the Glencore group of companies, its officials, employees, agents and associated person.
Charles Pettit heads up Apex Partners, which has built up a stake in the engineering and capital equipment supplier.
The Wearne quarry sits adjacent to Drift Supersand, a subsidiary of Consolidated Infrastructure Group.
The minerals explorer expects to receive the results of an independent metallurgical report on its Toral project by the end of the year.
Weekly summary of Merger & Acquisition activity by South African companies
Weekly summary of all Merger & Acquisition activity from across Africa (excluding South Africa)
Weekly summary of corporate finance activity by South African exchange listed companies
The sale of 4% of Cahora Bassa through an IPO is the largest equity capital markets transaction to ever occur in Mozambique
05 December 2019
The investment group plans to divest from the US burger chain that it has spent the past six years building up.
The property fund has maintained full-year guidance as it pays down debt incurred to grow its stake in the Fourways mall.
The fund manager has bucked the trend in a shrinking institutional savings market as the economy stagnate and retrenchments rise.
The group has benefited from last year’s acquisition of the remaining stake in Morocco’s Saham Finances.
The group blames weaker demand, particularly in its home market, and a rising interest bill due to higher inventory levels.
The Portuguese Golden Visa program is one of the most popular both in Europe and the world and for good reason.
04 December 2019
The private education group has bought a school and two pre-schools in deals that it says are not material but are strategic.
The minerals explorer says potential equity partners have indicated interest in taking stakes in its miner operating subsidiary companies.
The shipping group is also in talks with lenders to provide it with the capital it needs to acquire an additional stake in IVS Bulk.
The struggling property fund says its lenders want it to remain a listed entity as it repays debt through property disposals.
The Botswana-based retailer is selling its SA operations for R1 and outstanding debt.